31
Jan
2022
Jan
2022
Forty Management expects revenues of €80 million in 2022
Romanian developer Forty Management expects a turnover of 397 million lei (€80 million) and a net profit of 188 million lei (€38 million) in 2022, while total investments in residential projects across Bucharest will reach 155 million(€31.3 million).
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27
Jan
2022
Jan
2022
Prima Development delivers €23 million resi project in Bucharest
Prima Development Group has announced the completion of the Core Timpuri Noi residential project in Bucharest following an investment of €23 million.
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27
Jan
2022
Jan
2022
Alesonor starts construction of villas near Bucharest
Developer Alesonor has kicked off the construction of the first villas in Amber Forest suburb located near Bucharest.
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26
Jan
2022
Jan
2022
Eden Capital Development records sales of over €90 million in 2021
Romanian developer Eden Capital Development, which focuses on the Bucharest residential market, recorded total sales of over €90 million during 2021, at an average transaction of over €120,000 for an apartment.
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25
Jan
2022
Jan
2022
Living completes first phase of Budapest resi project
Living, an umbrella brand of Wing specialising in residential properties, has completed the first phase of its Park West project offering 229 apartments in District 13 of Budapest. About 700 apartments will be constructed in the residential development project to be carried out in three phases.
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21
Jan
2022
Jan
2022
Art Property to boost residential management operations in Romania
Art Property, the developer of the €20 million Art City residential complex in Bucharest, is looking to expand its presence in the property management field and appointed a new management team to implement the operational plans.
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18
Jan
2022
Jan
2022
Bratislava’s tallest residential building receives usage permit
Developer J&T Real Estate (JTRE) has completed the almost three-year construction of Bratislava’s tallest residential building and the Klingerka project has been issued a usage permit.
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14
Jan
2022
Jan
2022
Czech Republic registers EU’s strongest house price growth in Q3 2021
In Q3 2021, the Czech Republic registered the strongest house price growth within the EU, both in a year-on-year (22%) and a quarter-on-quarter (7.3%) comparison, well above the EU average of 9.2% and 3.1%, respectively, according to Eurostat’s House price index.
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14
Jan
2022
Jan
2022
Nordis Group reports sales of €80.9 million in 2021
Romanian Nordis Group, specialized in the development of hotels and residential projects, recorded sales of RON 400 million (around €80.9 million), mainly in the project located in Mamaia.
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13
Jan
2022
Jan
2022
Forty Management to build Romania's highest residential tower
Romanian developer Forty Management has initiated the authorization procedure for Royal Suites Central District in northern Bucharest, with a market value of €76 million. Once completed, the building will be the tallest residential project in Romania with a height of 122 meters.
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Latest news
- Study: 80% of real estate firms expect revenue growth in 2026
- LivUp converts historic Warsaw building in residential project
- Skanska receives occupancy permit and leases 20,000 sqm in Warsaw project
- Milica Nikolić named Managing Director of iO Partners Serbia
- CA Immo sells office building in Budapest
- Serbia’s real estate boom gathers pace ahead of Expo 2027
- CEE & SEE Property Forum Awards: Back in 2026
- Bratislava office leasing hits record in Q4 2025
- Ukraine housing company partners with Revive for affordable homes
- Hungarian investor expands hotel portfolio in Spain and Portugal
New leases
- Mindspace, a global operator of flexible office spaces, has signed a long-term lease agreement with Karimpol Polska for nearly 4,500 sqm of space in the Warsaw-based Skyliner II. Mindspace was advised by Gide Loyrette Nouel law firm, while Argon Legal provided legal advice to Karimpol.
- Sygnity will take over new office space in Building B of the West Forum complex in Wrocław. The tenant, which has been present at the site for nearly 20 years, has opted to relocate within the development and sign a new long-term lease agreement. Sygnity was represented in the transaction by Patron Brokers, while BNM Real Estate serves as the exclusive agent for West Forum.
- The M1 Zabrze shopping centre, managed by EPP, has signed new leases covering 2,500 sqm. This includes CentrumRowerowe.pl, which will occupy 2,150 sqm for a new stationary showroom. The tenant group at M1 has also been joined by Alpine Pro, Świat Książki, and Wakacje.pl.
New appointments
- CTP Romania has appointed Diane-Monique Forrest as Business Developer. She will focus on leasing activities in Transylvania, covering key cities such as Timișoara, Arad, Sibiu, and Deva.
- iO Partners has announced the appointment of Róbert Cesnek as Head of Capital Markets in Slovakia, effective from January 2026. In his new role, he will focus on further strengthening market presence, advising clients on complex investment decisions and delivering high-impact transactions across asset classes.
- Mateusz Sobczak has joined Scallier’s operations in Poland as Project Manager within the Development Department. Sobczak is an experienced engineer with 15 years of professional practice in project management within the commercial real estate sector. Throughout his career to date, he has collaborated with leading logistics developers, including the MLP Group and 7R.
